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    Springfield, MA Wilbraham, MA Chicopee, MA Palmer, MA Monson, MA East Longmeadow, MA Granby, MA South Hadley, MA
    Eight-Unit Apartment Building
    Updated: Jul 30
    Eight-Unit Apartment Building

    32-34 Joy Street, Ludlow, MA 01056

    Contact for pricing
    8,382 sqft 0.25 AC lot
    Eight apartment units, each configured with 2 bedrooms and 1 bathroom
    5,530 square feet of gross living area within 8,382 square feet of gross area
    0.25‑acre parcel with eight off‑street parking spaces
    Multistory building constructed in 1900
    Access to Center Street (Route 21), Route 141, and the Massachusetts Turnpike (Interstate 90)
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ludlow, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Chicopee Mixed-Use Development Opportunity
    Historic Chicopee Mixed-Use Development Opportunity

    35 Grape Street, Chicopee, MA 01013

    Contact for pricing
    100,000 sqft 2.00 AC lot

    2+ acre site zoned commercial and industrial with development potential.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    683-687 State St, Springfield, MA 01109

    $1,650,000

    17-unit mixed-use building with two commercial spaces and 15 residential units, including recent updates and current vacancies.

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    Springfield Portfolio: 127 Units
    Springfield Portfolio: 127 Units

    64 Myrtle St, Springfield, MA 01105

    $11,900,000
    3.62 AC lot

    Three stabilized, cash-flowing properties in Springfield's rental market.

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    Nine-Unit Multifamily Building
    Nine-Unit Multifamily Building

    48 West St, Chicopee, MA 01013

    Contact for pricing

    Nine fully rented apartments consisting of seven three-bedroom units and two two-bedroom units.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Ludlow, MA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Ludlow, MA on our real estate platform. These investment opportunities span a total of 8,382 square feet of properties for sale.

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    Demographics Overview

    Population 21K
    Population Growth (5Y) -2.3%
    Median Household Income $78,981
    College Educated 33.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $27.15 per SF
    Tax Rate vs County Average 1.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

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